Tag: EU

Here you will find all the articles with the tag: EU.

Imec.Xpand gains further funding

Imec.Xpand gains further funding

Imec.Xpand has declared the initial closing of its funding at €150 million in devoted capital. Imec.Xpand, a growth venture capital fund – that utilizes Imec, the innovation and research hub knowledge’s skills, network, and infrastructure – has revealed the initial closing of its second ... Read more

date2 years ago
Intel provides more details on EU Mega Fab project

Intel provides more details on EU Mega Fab project

Tech giant Intel has finally unveiled long-awaited plans to build a state-of-the-art project called Mega Fab for manufacturing complex chipsets in the EU. Intel and EU's top brass concluded a win-win agreement on Tuesday, revealing the long-awaited plans to build a first-of-a-kind microchip fact... Read more

date2 years ago
European Union watchdogs want to ban AI-powered Facial Recognition

European Union watchdogs want to ban AI-powered Facial Recognition

European Union privacy regulators are calling for a ban on AI technology used in identifying people while they are out in public. They firmly believe that the continued use of such technology can pose a high risk to the public’s privacy. Data protection watchdogs for the European Union recentl... Read more

date3 years ago
Amazon may have to pay a fine of $425 million in EU privacy case

Amazon may have to pay a fine of $425 million in EU privacy case

A European Union privacy regulator has proposed that a $425 million fine be levied against Amazon, as part of a process that could lead to the largest fine ever handed down under the EU’s law. The news comes from people close to the case. The CNPD, Luxembourg’s data protection commission, ha... Read more

date3 years ago
TSMC looks to double down on US chip factories, EU talks hit a snag

TSMC looks to double down on US chip factories, EU talks hit a snag

Taiwan Semiconductor Manufacturing (TSMC) is looking at plans to spend tens of billions of dollars to building more cutting-edge factories in Arizona. In Europe, a debate is playing out over how to boost chip-making, after seeing the effects of an ongoing global chip shortage. Intel has shown in... Read more

date3 years ago
Microsoft to set up separate European cloud

Microsoft to set up separate European cloud

Microsoft is to set up a separate European branch of its cloud services exclusively for European companies and governments. All data will be stored on servers within European borders. The new policy, called the EU Data Boundary Policy for the Microsoft Cloud, will apply to all major Microsoft cl... Read more

date3 years ago
EU accuses Apple of distorting competition with App Store policy

EU accuses Apple of distorting competition with App Store policy

The European Union supports Spotify's complaint that Apple has created an unfair situation in the App Store. It specifically mentions the distribution of music streaming apps. In an announcement, the European Commission says it has informed Apple that it considers Apple to have abused its domina... Read more

date3 years ago
‘EU considers setting up its own chip manufacturer’

‘EU considers setting up its own chip manufacturer’

The European Union is examining the idea of setting up its own chip manufacturer with an alliance of European companies. This would make the region less dependent on chip manufacturers in Asia and the US. The alliance would consist of several companies already active in chip manufacturing, such ... Read more

date3 years ago
Social media must remove terrorist content within the hour

Social media must remove terrorist content within the hour

The European Parliament has adopted a new law concerning terrorist content on the Internet. Platforms will have to remove any terrorist content within an hour of being notified. According to the law, providers serving users within the EU must respond within one hour to a notification from the au... Read more

date3 years ago
Taiwan not a fan of chip production on EU soil

Taiwan not a fan of chip production on EU soil

For the time being, there seem to be no plans for TSMC to carry out semiconductor production within the EU. Taiwan wants to keep this on its own soil as much as possible. Wang Mei-hua, the Taiwanese Minister of Finance, has made it clear that she has little interest in the idea of Taiwanese semi... Read more

date3 years ago
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